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/biz/ - Business & Finance


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2582742 No.2582742 [Reply] [Original]

Who would be rich enough to have $30 million of ethereum to sell but stupid enough to sell it at open market price all at once?

>> No.2582748
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2582748

>>2582742
*cough*

>> No.2582766

Kek Danny boy is based

>> No.2582779

It was a move of genius

>> No.2582785

>>2582742
Read fucking
>>2582779

The guy is based god for doing that.

>> No.2582795

>sell 30 mill eth
>End up with 100+ mill eth at the end of the day
>you just made more than 70 normies will make in 10 years of wageslaving in one day

>> No.2582815

>>2582766
Danny is an enormous fgt.

If he didn't inherit anything he'd be a different fucking person. Maybe he'd actually have integrity and a non-shallow personality.

>> No.2582930

>>2582815
Gotta stop being a bitter poorfag Bud won't get you anywhere in life

>> No.2583237

What does this do? I don't get how it tanks the price wouldn't there just be a huge sell wall? It's a 20 bil market cap

>> No.2583263

>>2582742
haha *tips op 1000 ReddCoin*

>> No.2583347

>>2583237

If you sell with a market order you will fill orders and orders till you sell all your coins

Unless somebody placed a fucking huge buy order and you fill that order only the price will fall like a rock

>> No.2583859

>>2582742
Iirc The dumper only sold down to 220$. That was enough of a shot to send a stop loss avelanche down to 13. If he was informed, he probably had buys set for <20 dollars

>> No.2583891

Why do you think they need to be rich? They could have been holding years.

>> No.2583941
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2583941

>>2582742

He probably sold after he saw what the creator looks like

>> No.2584765

>>2583941
That's shooped right? I thought he wore a trench coat.

>> No.2584920
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2584920

>>2584765